Cyprus and the Schengen Zone: A New Era of Opportunity

— According to President Nikos Christodoulides, as reported by Politico, Cyprus is on track to finalise its integration into the Schengen Zone by 2025. This highly anticipated development marks a significant milestone in the country’s European journey, …

PRESIDENT OF ISRAEL VISITING CYPRUS

Cyprus weather: Snow and rain as temperatures remain below average

The Department of Meteorology forecasts scattered rain and mountain snow, with temperatures remaining below seasonal averages throughout the weekend. Saturday will begin mostly clear before clouding over, with isolated rain showers and light snowfall …

Cyprus Consumer Price Index (CPI): January 2025

The Consumer Price Index (CPI) in January 2025 decreased by 1,58 points, reaching 116,73 units compared to 118,31 units in December 2024. Inflation in January 2025 increased at a rate of 2,5%. (Table 1) The largest change in economic categories compared to …

Apartments drive Cyprus sales, rental markets

Annual property prices in Cyprus grew in specific segments in the fourth quarter of last year, with apartment values rising by 1.3% and holiday apartments by 0.9%, according to a survey by Ask Wire. The island’s leading real estate analytics platform found …

Cyprus to introduce landfill tax

Cyprus is to impose a “landfill tax” on its local authorities, charging them money to dispose of waste at landfill sites, the environment department said on Friday. Following a study into the matter, the department said the total amount payable would …

Cyprus signs statement of support for International Criminal Court

Cyprus was on Friday one of 79 United Nations member states to sign a joint statement expressing their support for the International Criminal Court (ICC). The statement was issued the day after United States President Donald Trump signed an executive order …

Bank of Cyprus Man of the Year Awards – 23rd Edition

On Wednesday, February 26, 2025, The Royal Hall in Nicosia will host the prestigious Bank of Cyprus Man of the Year Awards—an evening dedicated to honoring exceptional individuals who lead by example. Celebrating Excellence and Integrity Since its …

Four new types of branches at the Bank of Cyprus

Bank of Cyprus branches are entering a new era, with the bank having moved to modernise the operational model of its network with four types of branches. 1. Branch - Providing the full range of the Bank's cash, general customer service and financing …

European Council presidency ‘an opportunity for Cyprus to leave its mark’

Cyprus’ forthcoming term as the holder of the European Council’s rotating presidency in the first half of next year is “a unique opportunity for our country to leave its own mark on the European Union”, European Affairs Deputy Minister Marilena Raouna said …